Source: EMARKETER Forecast, January 2025 - June 2024
Note: value dollar amount of purchases made via payment networks with credit cards, debit cards, and prepaid debit cards; also known as private label cards, they refer to merchant-branded cards used in a closed-loop environment for purchases; these cards are typically managed by a financial institution for retailers or manufacturers and do not carry a card network logo; examples include retailer store credit cards, payroll cards, government-benefit cards, and EBT cards, travel fund cards and store gift cards; includes consumer and commercial cards; excludes returns, balance transfers, cash advances and other activity
Additional Note: Includes point-of-sale (POS) transactions made in-store and over the internet. Includes food services and drinking places sales, includes travel and event tickets, payments (such as bill pay or money transfers), mail orders, and gambling and other vice good sales; includes sales tax. Transaction value reported as inside the United States is based on the location of the card issuer and thus can include cross border purchases and purchases while the card holder is abroad.
Methodology: Estimates are based on the analysis of data from the US Department of Commerce and the Federal Reserve, estimates from other research firms, estimates on card transactions and purchases, reported company payment value figures, consumer buying trends, payment adoption trends and macro-level economic conditions.